Vow ASA (“Vow”, ticker OSE: VOW) has entered into an agreement with an undisclosed North American renewable energy company to deliver a complete biocarbon production system within the United States valued at USD 27 million. This is the largest single landbased contract signed to date by Vow, and a breakthrough for Vow technology in landbased applications in the US. Engineering of this industry scale system starts immediately. Timing of subsequent stages in the project are pending government perm
Vow ASA (“Vow” or the “Company”) nearly doubled revenues in the first quarter and more than doubled EBITDA compared with first quarter last year. Activity is gaining momentum across all business segments, and the order backlog remains solid at NOK 1 271 million. In the first quarter, Vow made important steps to meet increased demand for advanced carbon products and CO2 neutral energy and acquired C.H. Evensen to further position for growth. Revenues in the first quarter of 2022 was NOK 182.5 mil
Vow ASA (“Vow”) subsidiary C.H. Evensen Industriovner (“C.H. Evensen”) has secured a contract to deliver a preheating furnace to an undisclosed aluminium producer. The contract is valued at almost EUR 1.3 million. C.H. Evensen develops, designs, and produces industrial furnaces and equipment for a variety of heat treatment processes and applications. For one of the world’s leading aluminium producers, the company will deliver an electric furnace for preheating of aluminium ingots. Delivery is sc